Hu & Obama Blahblah Clean Energy Blahblah Challenging Situation Blahblah Investment Blahblah

[hatrack]

WASHINGTON, DC, January 19, 2011 (ENS) - Presidents Barack Obama and Hu Jintao of China, who is in Washington on an official state visit, said in a joint statement this afternoon that they "view climate change and energy security as two of the greatest challenges of our time." In an open letter today, U.S. environmental leaders urged the presidents to adopt "a wartime-like mobilization" to cut greenhouse gas emissions.

China is the world's highest emitter of the greenhouse gas carbon dioxide, with the United States a close second. The two leaders agreed to continue their "close consultations on action to address climate change," and they pledged coordination "to achieve energy security for our peoples and the world."

They will "build on existing clean energy cooperation, ensure open markets, promote mutually beneficial investment in climate friendly energy, encourage clean energy, and facilitate advanced clean energy technology development," the presidents said.

Both sides applauded the progress made in clean energy and energy security since the launch of the U.S.-China Clean Energy Research Center, Renewable Energy Partnership, U.S.-China Joint Statement on Energy Security Cooperation, and Energy Cooperation Program.

EDIT

http://www.ens-newswire.com/ens/jan2011/2011-01-19-03.html

[Cleita]

1. I think Thom Hartmann has it right.

Hu is our landlord who has come over to make sure his property is being taken care of. The rest is to keep the unwashed masses clueless.

[gateley]

2. And no country in history has ever owed another country as much money as

we owe China.

As Biden said, China holds the mortgage on our house. Before he was VP, of course. :7

[Nihil]

3. Good (=precise & accurate) summary there ...

... in your subject line.